Carlyle Raises New RMBS Fund With PE Structure

Carlyle Group LP has raised about $150 million for a new private-equity fund that will invest in residential mortgage-backed securities after the market rebounded in the past four years, according to a person familiar with the situation.

Carlyle Realty Credit Partners LP, which closed in September, will invest in AAArated residential mortgage-backed bonds, the person said. The firm also raised about $50 million in side accounts that will invest in the strategy, this person said.

Christopher Ullman, a spokesman for Washington-based Carlyle Group, declined to comment.

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